The Impact of Geopolitics on the Jewelry Trade
- Avi Krawitz
- Nov 10
- 1 min read
Geopolitics has taken on a far more influential role in the diamond trade in recent years, with three key issues shaping the industry’s discourse in 2025: escalating US tariffs, restrictions on Russian diamonds, and the European Union’s tightening ESG regulations.
These interconnected forces are driving the trade toward greater transparency, traceability, and accountability, placing particular pressure on SMEs to keep pace with evolving standards.
I was honored to moderate the discussion at the CIBJO Congress in Paris with an outstanding panel:
Edward Asscher – Vice Chairman, Responsible Jewellery Council (RJC)Feriel
Zerouki – Chief Trade and Industry Officer, De Beers, and President, World Diamond Council (WDC)
Karen Rentmeesters – CEO, Antwerp World Diamond Centre (AWDC)
Raluca Anghel – Head of External Affairs and Industry Relations, Natural Diamond Council (NDC)
Sara Yood – CEO & General Counsel, Jewelers Vigilance Committee (JVC)
The conversation underscored that compliance is no longer optional, as ethical sourcing, data integrity, and consumer trust increasingly define the jewelry market’s future.
Watch the discussion above or on YouTube: The Impact of Geopolitics on the Jewelry Trade
